If we import more than we export from the rest of the world we

Name: If we import more than we export from the rest of the world we
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If we import more than we export, we are running a trade deficit. This means we are buying more goods and services from the rest of the world than we are selling to them. To pay for these imports, we must borrow an equal amount from the rest of the world. This can be in the form of foreign investment or borrowing from foreign governments, businesses, or individuals.

If We Import More Than We Export from the Rest